SJP Properties Sells Retail Property On Amsterdam Avenue, NYC For $4.9M, Buyer's Rep Marshall Real Estate
200 Amsterdam Avenue
$4,900,000
$2,379/SF
Building Size
2,059 SF
Asset Type
Condo
Closing
Jan 30, 2023
AI
Located at 200 Amsterdam Avenue in New York City, this retail property was recently sold in a closed transaction. The property spans across 2,953 square feet and was sold by SJP Properties.
Summary of transaction details
- Property Type: Retail
- Sale Price: $4,900,000
- Square Footage: 2,953
- Price per Square Foot: $1,659
- Address: 200 Amsterdam Avenue, New York City
The buyer's representative for this transaction was Matthew Marshall from Marshall Real Estate, while the seller was represented by Elliot Dennis from The Corcoran Group.
This closed transaction offers insight into the successful deal-making that takes place in the New York City market. The involvement of experienced real estate professionals such as Matthew Marshall and Elliot Dennis further highlights the expertise that contributed to the completion of this sale.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93